For this, the national transporter, which has been saddled with losses of around Rs 14000 crore, has come out with a comprehensive draft policy containing six models for different specific categoris of projects.

It is aimed at attracting foreign direct investors (after FIPB clearance), state government, local bodies, beneficiary industries, ports, corporates and other infrastructure and logistics providers as partners.

The new policy will not only ensure timely availability of rail infrastructure to the beneficiaries but also open opportunity for investor to get return on investment in rail projects.

"Once finalized, the policy will replace both the existing R2Ci and R3i policies," S K Mishra, executive director, traffic, PPP. The new policy will be an improvisation of existing policies (R2Ci and R3i) which allow only single user rail connectivity to mines and plants.

"Existing policy looks unviable for private partners in case where the length of the rail connectivity is long and cost of construction is high. The new policy aims at making multi-user lines so that investors can get commercial returns with development of other industry, mining etc," said a railway official.

Recently, railway minister Dinesh Trivedi has said that the railways requires Rs 3 lakh crore and that can be achieved only through PPP model. "Railways in Japan generate 40 per cent income from the other sources on the basis of PPP models.

Here also we have to think on those lines. Suburban stations like Boriwali and CST in Mumbai, besides Chennai, New Delhi and Howrah, among others, could prove to be a gold mines for the railways," he had said.

For this, the national transporter, which has been saddled with losses of around Rs 14000 crore, has come out with a comprehensive draft policy containing six models for different specific categoris of projects.

It is aimed at attracting foreign direct investors (after FIPB clearance), state government, local bodies, beneficiary industries, ports, corporates and other infrastructure and logistics providers as partners.

The new policy will not only ensure timely availability of rail infrastructure to the beneficiaries but also open opportunity for investor to get return on investment in rail projects.

"Once finalized, the policy will replace both the existing R2Ci and R3i policies," S K Mishra, executive director, traffic, PPP. The new policy will be an improvisation of existing policies (R2Ci and R3i) which allow only single user rail connectivity to mines and plants.

"Existing policy looks unviable for private partners in case where the length of the rail connectivity is long and cost of construction is high. The new policy aims at making multi-user lines so that investors can get commercial returns with development of other industry, mining etc," said a railway official.

Recently, railway minister Dinesh Trivedi has said that the railways requires Rs 3 lakh crore and that can be achieved only through PPP model. "Railways in Japan generate 40 per cent income from the other sources on the basis of PPP models.

Here also we have to think on those lines. Suburban stations like Boriwali and CST in Mumbai, besides Chennai, New Delhi and Howrah, among others, could prove to be a gold mines for the railways," he had said.